Smart MLS #24095526

156 Main St,
Deep River, CT 06417
156 Main St, Deep River, CT 06417 United States
For Sale
$800,000
Multi-Family Home
3 Units · 5460 Sqft
This is a rare opportunity to acquire a fully stabilized retail asset in downtown deep river. additional income generation is possible by monetizing 800sqft of unrented commercial space. inside the past 5 years the owner has replaced the entire roof, upgraded the electrical service and replaced all of the furnaces. upon leasing up the existing units along with the 800sqft space in the rear of the building, this property will appraise north of $1.2m. what this means for a potential buyer, is that through an all cash or bridge acquisition, they will be able to pull out 100% of their investment upon refinancing during the 12-24 month lease up period. the income analysis, location, walkability, and quintessential new england charm of downtown deep river are all important considerations for buyers seeking a dream location for their small business. for non owner-operator investors the deal will provide stable returns and ease of management.

Map


Listing

Market Stats
  • List $800,000
  • 3 Days on Market

Real Estate Agent


Details

Building
  • Built 1924
  • 3 Units
  • 0 Beds
  • 2.00 Baths
  • 0 Fireplaces

Sqft
  • 5460 Total Sqft

Lot / Land
  • 0.20 Acres
  • 900 Neighborhood
  • Corner Lot, Sloping Lot

Utilities
  • Hot Air
  • Natural Gas
  • Public Water
  • Public Sewers

Taxes
  • Assessment $322,210
  • Mill Rate 31.38
  • Taxes $10,111
  • Parcel Num 962262

Schools

Elementary
  • Per Board of Ed

High
  • Per Board of Ed

Mortgage Calculator
  • 30yr Fixed-Rate Loan
  • 6.84% Interest
  • Purchase Price $800,000
  • Down Payment $160,000 (20.00%)

Estimated Payment with
30yr Fixed Rate Mortgage

Monthly
$5,032


Monthly Est. $5,032
Yearly Est. $60,384
30yr Est. $1,811,510
Go to the Mortgage Calculator
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This real estate listing for sale at 156 Main St has 0 bedrooms, 2.00 bathrooms, and was built in 1924. It is located in the Deep River, Connecticut area with the 06417 zip code. For more info about the property at 156 Main St, Deep River, CT 06417 United States or if you would like to schedule a showing, please contact the listing agent above.

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